Unozawa-gumi Iron Works Balance Sheet Health
Financial Health criteria checks 6/6
Unozawa-gumi Iron Works has a total shareholder equity of ¥2.8B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are ¥8.0B and ¥5.2B respectively. Unozawa-gumi Iron Works's EBIT is ¥577.0M making its interest coverage ratio 288.5. It has cash and short-term investments of ¥2.1B.
Key information
79.2%
Debt to equity ratio
JP¥2.23b
Debt
Interest coverage ratio | 288.5x |
Cash | JP¥2.08b |
Equity | JP¥2.82b |
Total liabilities | JP¥5.22b |
Total assets | JP¥8.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6396's short term assets (¥5.3B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 6396's short term assets (¥5.3B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 6396's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 6396's debt to equity ratio has reduced from 130.2% to 79.2% over the past 5 years.
Debt Coverage: 6396's debt is well covered by operating cash flow (30%).
Interest Coverage: 6396's interest payments on its debt are well covered by EBIT (288.5x coverage).